Lukoil licenses UOP technology for petrochemicals, gasoline production in Russia

Lukoil will license an integrated suite of UOP technologies to produce high-quality gasoline blending components, propylene and other petrochemicals at its facility in Nizhny Novgorod, Russia. Russia is the third largest energy consumer in the world, and demand is growing due to higher economic activity.

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Honeywells UOP has been selected by Russia's Lukoil to
provide technology to produce blending
components used to make high-octane gasoline and petrochemicals at its facility in
Nizhny Novgorod, Russia.

Lukoil will license an integrated suite of Honeywell's UOP
technologies to produce high-quality gasoline blending
components, propylene and other petrochemicals, the company
said.

Refining and petrochemicalintegration offers many benefits,
including feedstock and energy maximization,
reduced investment and operating costs, and higher product
yields, said Pete Piotrowski, senior vice president and
general manager of Honeywell's UOP process technology and equipment business
unit.

With legislation in the Russian Federation calling for
improved gasoline quality, as well as the region's rising petrochemicals demand, UOP is
pleased to offer technology solutions that work together to
meet those needs, he added.

Russia is the third largest energy consumer in the world, and
demand is growing due to increasing economic activity,
according to the Asia-Pacific Economic Corporation (APEC).

Particularly, gasoline demand is increasing due to the rise
in passenger vehicle utilization, UOP said.

The suite of Honeywell's UOP technology will be used in a
new integrated fluid catalytic cracking (FCC) complex, the
second such complex to be licensed by Lukoil at the Nizhny
Novgorod facility.

The new units, expected to start up in 2015, will produce
more than 1 million tpy of gasoline blending components and
more than 170,000 tpy of propylene.

In addition to technology licensing, UOP and a number of its
affiliates will provide engineering design, catalysts,
adsorbents, equipment, staff training and technical service for
the project, the company said.